In the Communist Bloc during the 1970s,

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The economic policies of the Communist Bloc during the 1970s were showing signs of breakdown, with shortages and inefficiencies becoming more common. This was particularly evident in the Soviet Union, where the economy was struggling to keep pace with the demands of the Cold War and increasing domestic expectations. While there were some attempts to address these issues through limited economic reforms, they ultimately proved insufficient to prevent the eventual collapse of the Soviet system.

In the Communist Bloc During the 1970s